Economists should hang their heads in shame. They believe that economic growth causes inflation. Such a view isn’t serious, and is more realistically dangerous. Inflation is easily the greatest enemy of growth.
The term “social Justice” is a dishonest insinuation that one ought to agree to a demand of some special interest which can give no real reason for it. It’s the mark of demagogy or cheap journalism which responsible thinkers ought to be ashamed to use.
A lot of time passes before the capitalist receives income from the consumer, and the entire process is subject to risk and uncertainty. The capitalists receive their reward because of waiting and of bearing risks and uncertainties, while the wage earners receive their remuneration regularly long before the product reaches the final consumer.
The concept is simple: a sober social network where anyone who is clean for 48 hours can realize their potential through physical fitness.
A deliberative body, elected to represent us in great debates about significant decisions, that tells us not to trust or respect the outcomes it delivers appears to be a contradiction in terms.
“Economics was everywhere and politics nowhere” was a phrase used to describe this productive, energetic, innovative, decentralized trading nation in the mid nineteenth century. What a wonderful picture of economic freedom unencumbered by political extraction is conjured up by that description.
Sen. Bernie Sanders recently claimed that the increase in wages last year “nets out to zero” because of inflation and that “the average American worker today, despite the strong economy, is not getting ahead.” He’s wrong.
The realization that the world is often quite different from what is presented in our leading newspapers and magazines is not an easy conclusion for most educated Americans to accept.
We can escape the constraints and limitations of the establishment and their restrictive social contract not so much by rebelling but by parallel pathing.
When personal property becomes capital, a source of income, then the obvious implication is a decentralization of capital ownership.
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